| Papers [1-15] of 47 :: [Page 1 of 4] | | Go to page : 1 2 3 4 —> | Search results on "MICROECONOMICS": |
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"The Principle of Microeconomics" and the Environment, 2004.
Examines environmental laws and regulations within the context of Mankiw N. Gregory's book, "The Principle of Microeconomics".
1,447 words (approx. 5.8 pages), 5 sources, MLA, $ 48.95
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Abstract
The National Environment Policy Act of 1969 (NEPA), jointly established by the White House and the United States Congress, outlines more than a dozen major laws that form the basis of the Environmental Protection Agency (EPA). This paper begins by outlining some of the major laws enacted by the NEPA. The paper then presents a review of Mankiw N. Gregory's book, "The Principle of Microeconomics", in which the author presents a new style of comprehending the NEPA laws through subjects such as politics, science, and economics. The paper also includes several appendices that contain graphs.
From the Paper
"Within the principle discipline of economics is the newly developed subject of environmental economics that seeks to understand the relationship between the environment and the economy. It goes without saying that a healthy and sustainable economy is dependent on an equally healthy and sustainable environment, not withstanding the often-conflicting elements present within the business entities and concerns. To totally eliminate this conflicting atmosphere that tends to be a hurdle, and somewhat disturbs the approach towards the accomplishment of a healthy environment at the cost of the economy, numerous attempts to bring about a reconciliation to develop a so-called free market environmentalism are being pursued."
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Analysis of Microeconomics, 2008.
An overview of the US economy through the analysis of microeconomics.
2,636 words (approx. 10.5 pages), 11 sources, MLA, $ 79.95
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Abstract
This paper discusses different elements of microeconomics that contribute to the overall economy in the U.S. The author of the paper cites research that has been carried out on minimum wage issues and describes how the downturn of the housing market impacts on other sectors of the economy.
Outline:
Minimum Wages
Antitrust Laws
The Housing Industry & Employment
From the Paper
"Economic theory itself tends to undermine the argument that minimum wages are somehow beneficial. Economic theory states that if the price of unskilled labor increases then employers are just as certain to seek alternative labor sources that are less expensive (Wolfson & Belman). In practice, this theory plays out by managers who, when faced with increasing labor costs, refrain from hiring the 3 employees they might have hired were it not for the increased cost of labor and instead only hire two more skilled laborers but still at an overall savings. This point is made exceedingly clear in Solomon's article where she observes that: "At Petite Provence eatery in Portland, co-owner Didier Blanc says the minimum wage...has had an 'aftershock effect' forcing him to raise wages for all employees...the costs are passed on to customers"(par.13). Alternatively, these managers or companies may seek to invest in the automation necessary to ensure that the manual labor is no longer necessary or to off-shore the work entirely to less expensive markets. In that sense, elevating the federal minimum wage does in fact manifest a positive influence on productivity and output because industry is inclined to automate and become more efficient across the board which is good. However, while the minimum wage increase in Portland can be viewed as a positive argument for raising the federal minimum wage, it also indicates that the benefit to the low-wage workers most impacted will be short-lived:"
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Microeconomics, 2002.
This paper discusses the nature of microeconomics.
1,400 words (approx. 5.6 pages), 6 sources, $ 53.95
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Abstract
This paper explains the use of microeconomics to analyze cetain aspects of the economy today such as employment, consumer beahvior, environemntal policy, and the effects of taxation.
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Microeconomics Analysis and Policy, 2006.
An analysis of the consumer surplus concept within microeconomics.
1,600 words (approx. 6.4 pages), 7 sources, MLA, $ 52.95
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Abstract
This paper examines the theoretical concept of consumer surplus and investigates whether it is measurable. Specifically, the author attempts to demonstrate that consumer surplus can describe a definite conceptual idea, but that any attempt at quantifying results is a logical contradiction.
Introduction and Thesis
The Concept
The Measurement
The Problem of Measurement
Conclusions
From the Paper
"Before beginning a theoretical analysis of the concept of consumer surplus, a brief sketch of the thoughts of other authors is in order. According to George Stigler (1965, p.79), the history of the concept can be traced back to Jules Dupuit (1884), and his search for a justification of public works. Alfred Marshall (1920, p.103) first coined the term "consumer' surplus" to describe for a consumer "the excess of the price he would be willing to pay rather than going without the thing, over that which he actually does pay." Thus the reference to Marshallian Consumer Surplus came into the lexicon."
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The Microeconomics of Exotic Fruit, 2004.
Presents a microeconomic analysis of the article, "Ripe Dreams: How Produce-Aisle Exotica Becomes Everyday Fare", by Hamilton Martha McNeil.
600 words (approx. 2.4 pages), 1 source, MLA, $ 21.95
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Abstract
This paper summarizes a 2003 article found in the "Washington Post" that explains how produce consumers once found exotic becomes common in America's supermarkets. "Ripe Dreams: How Produce-Aisle Exotica Becomes Everyday Fare", by Hamilton Martha McNeil, highlights the key microeconomic concepts of demand, supply, and market equilibrium, as well as household behavior and consumer choice.
From the Paper
"As demand rose, others saw opportunities and entered the market place, devoting resources, (farm acreage and labor) to growing kiwis. Importers saw opportunities to increase supply and lower costs, by importing kiwi fruit from Chile and New Zealand where the costs of input, mainly farm labor, are cheaper. As the supply of kiwis increased and more and more companies entered the market, the price to consumers began to be pressured downwards. As consumer demand cooled off, nicely illustrating how household behavior and consumer choice influences demand and supply, market equilibrium seems to have been reached."
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Microeconomics across the World, 2004.
A study comparing the economies of two countries, the United States and Germany, with regard to pricing structures.
1,373 words (approx. 5.5 pages), 5 sources, MLA, $ 45.95
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Abstract
This paper analyzes the microeconomics of the U.S. and Germany, highlighting the competitive, capitalist economies. The paper discusses the pricing of capitalist-style microeconomies and explains how it is competitively structured. The paper contends that pricing within a capitalist system is based upon consumer demand and the desire of suppliers to meet that demand at a state of equilibrium determined by the market.
From the Paper
"With notable exceptions, such as Cuba and North Korea, most of the major global economic powers have within their national microeconomic or internal frameworks, some forms or a semblance of a competitive, capitalist economies. In other words, individual economic actors such as firms compete for the monetary confidence of consumers within particular industries, rather than having such behavior regulated by the government. As such, the pricing of capitalist-style micro economies are also competitively structured. Pricing within a capitalist system is based upon consumer demand and the desire of suppliers to meet that demand at a state of equilibrium determined by the market. But although this may be the ideal Adam Smith formulation of capitalism in terms of pricing, no nation and no series of markets operates according to such principles in a pure fashion."
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Microeconomics, 2002.
A study of how employment and resource prices are determined in resource markets.
2,400 words (approx. 9.6 pages), 3 sources, $ 89.95
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Abstract
This microeconomic paper discusses how employment and resource prices are determined in resource markets. It also discusses market demand and supply of resources, market demand, market supply, price ceiling, price floor, individual firm demand, monopsony resource markets and the multiple resources.
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Microeconomics and Licensure, 2006.
A paper arguing that act of licensure in a free market economy does help protect the consumer.
975 words (approx. 3.9 pages), 3 sources, MLA, $ 34.95
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Abstract
This paper presents arguments that rebut the notion that market pricing in the form of licensure negatively interferes with the free market economy. The paper argues that licensure plays an important role in protecting the consumer from faulty, incomplete or incompetent services or products and that the advantages of licensure far outweigh any of its disadvantages.
From the Paper
"Such perceived interference often results in voting for regulations that monitor sectors of production of goods or services. Once established, some regulations intended to provide a measure of economic justice may tend to lag behind changes in economic events and may hinder or contribute to economic injustice. Also, at times regulatory commissions appointed with the task of providing social values to an otherwise dehumanized system of efficiency often side with the very industry it is supposed to be regulating. The act of granting licenses, for example to practice a profession, is an activity one authority describes as a "Directly Unproductive Profit Seeking Activity" (Maital 288). This same authority feels that licensing mechanisms are incidents where candidates spend heavily to secure them since the control of agencies empowered with licensing mechanisms can be a source of power and profit (288)."
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Microeconomics, 2008.
An analysis of anticompetitive legislation and antitrust laws in the United States.
779 words (approx. 3.1 pages), 6 sources, APA, $ 27.95
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Abstract
This paper illustrates the negative impact that the federally mandated minimum wage has on the economy as well as the individual low income worker. Additionally, it examines the body of anticompetitive legislation. The paper argues that this anticompetitive legislation actually results in monopolistic structures and anticompetitive behavior by privileging some parties over others.
Outline:
Abstract
The Federal Minimum Wage
Antitrust Laws
From the Paper
"The fact of the matter is that Microsoft owns the operating system as well as the web browser and is simply fulfilling a consumer desire to achieve fully integrated functionality. Additionally, since its product in the form of the browser is free Microsoft cannot be said to actually be generating revenue from this strategy either. However, the indictment against anticompetitive legislation rests in its tendency to quell innovation in the open market because companies are unable to fully capitalize on their products and services because of the artificial constraints placed upon them by government regulations."
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Microeconomics, 2006.
A critique of government mismanagement of farm subsidies.
759 words (approx. 3.0 pages), 3 sources, MLA, $ 27.95
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Abstract
The paper examines the federal government's program of subsidies to farmers, and reflects on how that impacts consumer costs. In conclusion, the paper finds that what is needed is not an overhaul of the tax system, but rather a reassignment of priorities in government spending.
From the Paper
"According to ?"Microeconomic Issues Today", American consumers are essentially paying twice for farm goods. Due to government subsidizing to assure farmers receive adequate income and price floors implemented, we pay higher prices. That is, we are paying for the value of the produce and then a portion that helps pay for the subsidy. We also pay in other ways through our tax dollars. We are paying for the employment of individuals who manage such government programs, which are ultimately enabling farmers. If farmers did not have subsidies to rely on they would be required to determine their own level of outputs, prices, etc, on a regular basis."
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Microeconomic Principles and Song, 2002.
Discusses how issues of microeconomics are incorporated into Garth Brooks' song "We Shall Be Free".
1,400 words (approx. 5.6 pages), 1 source, MLA, $ 46.95
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Abstract
The principles of microeconomics are not just important to economists and scholars, the principles apply to many aspects of society that impact everyone. Microeconomics considers how goods are produced, how people create their income and how people make decisions to spend that income. In short, microeconomics refers to aspects of life that people encounter every day. With this relevance of microeconomics to everyday life, it is not surprising that principles of economics can be found in many places, including in the lyrics of songs. To illustrate how the principles of microeconomics are referred to in a song, Garth Brooks' "We Shall Be Free" is used as an example. Considering the lyrics of this song, it is seen that various items are mentioned that relate to microeconomics. As well as describing these items, the analysis also extends to a brief discussion of why they are important to people.
From the Paper
"The lyrics of We Shall Be Free includes the following lines, "And when money talks for the very last time / And nobody walks a step behind / ... / Then we shall be free." This statement from the lyrics goes against the principles of the market economy and the concept of fairness in the market economy. "When money talks for the very last time" refers to money not having power. The market economy of current society is based on money as power, since money is the means to obtaining necessary and desired goods and services. If money did not 'talk' in modern society, why would people work? It is fair to suggest that most people would not work if what they obtained from that work was worthless to them. If people did not work, companies would not be producing the goods that people buy with the money they work for. This illustrates that the lyrics suggest a different view of economics than what society is currently based on. The line "And nobody walks a step behind" also suggests that everyone is equal. "
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Microeconomic Principles and Current Events, 2001.
This paper analyzes the current United States market from a microeconomic point of view.
1,300 words (approx. 5.2 pages), 3 sources, MLA, $ 43.95
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Abstract
The paper discusses current events in the light of microeconomic principles. United States is facing a slow down in the economy which is leading to reduction in consumer spending and is also negatively affecting borrowing and investment in the country. Applying microeconomics concepts, we notice that demand for money is quite inelastic these days, as reduction in fund rates is not producing desirable results.
From the Paper
"To understand what is happening to our economy from a microeconomics perspective, we must first take into account some of the current events in order to get a clearer picture of the economic situation. The economy was already facing a recession-like situation when it was given the rudest shock of the century on September 11th. The country's economy since then has been sliding downwards because the government has been unable to generate enough consumer spending despite several announcements of tax cuts which are aimed at giving people more purchasing power and several reductions in the federal fund rates. We need to analyze the current events from microeconomics perspective as this would give us clear understanding of the compelling issues our economy is encountering today. "
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Microeconomic Crude Oil, 2003.
Provides a microeconomic analysis of crude oil behavior over 2 years.
1,610 words (approx. 6.4 pages), 17 sources, APA, $ 55.95
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Abstract
This report provides a microeconomic analysis of crude oil behavior over a 25-month period (March 2001 to April 2003). The conclusion drawn was that supply expectations, as opposed to actual supply or demand changes, were the greatest influence on crude oil prices during the period of analysis. The paper includes 4 charts/graphs and 1 table.
From the Paper
"Over the past six months crude oil prices have been especially volatile although the general trend has been upward over this period. Over a two-year period however crude oil prices have also ..."
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Microeconomic Analysis of Machine Tool Industry, 2004.
This paper serves as an analysis of the American machine tool manufacturing industry.
1,575 words (approx. 6.3 pages), 5 sources, $ 55.95
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Abstract
In this article the writer discusses the American machine tool manufacturing industry from a microeconomic perspective. The writer explains the machine tool and looks at what it does and how it operates. The writer also mentions the future of the machine tool manufacturing industry in the United States.
From the Paper
"This paper develops a microeconomic analysis of the machine tool manufacturing industry in the United States. A machine tool is power-operated device used in the processes of finishing or shaping metal parts especially parts of other machines. The machine tool manufacturing industry is comprised of enterprises whose principal business is the manufacture of cutting tools machinists' precision measuring tools and attachments and accessories for machine tools and for other metal working machinery. The industry classification in ... "
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Microeconomic Analysis, 2006.
A look at why government must set a minimum wage and provide worker benefits and a safety net for the upturns and down turns of the business cycle in Wal-Mart's America.
1,136 words (approx. 4.5 pages), 2 sources, MLA, $ 39.95
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Abstract
This paper takes a look at the impact that Wal-Mart has had on the business cycle of America. According to the paper, the need for a social safety net, and for the government to use legislation to cushion the shocks of the business cycle is particularly evident in the unprecedented influence of the retailing giant Wal-Mart upon the health of the American economy.
From the Paper
"Who pays for the indigent's medical care? Why, the same taxpayers who glory in saving a few cents by shopping at Wal-Mart. This is testimony to the many hidden costs, both financial and social, that consumers do not or cannot take into consideration when deciding where to buy their goods and services, hence the need for legislation mandating a minimum wage and minimum benefits. It is also testimony to the danger of allowing workers to work for too little--and also the absence of the free marketplace producing incentives for companies the size of Wal-Mart to provide affordable insurance for its workers. Small businesses often do not have the resources to provide worker insurance, Wal-Mart has the resources but lacks the incentives--yet another reason the federal government must step in and require businesses to provide adequate wages and benefits."
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